The vehicle de-registration and replacement process will drive total vehicle sales growth to its peak of some 131.500 vehicles before entering a sustained decline to 2020. Commercial vehicle sales will continue to decline to 2020 having reached a peak in 2015, while any sales growth drivers associated with construction are already priced into the market. Key Views

- Total vehicle sales forecast to grow by 67.3% to 131,508 units in 2016.

- Passenger vehicle sales forecast to outperform as any support offered to commercial vehicle sales via infrastructure projects are already priced into the market.

- Total vehicle registrations are up 62.6% y-o-y in 7M16 to 69,623 units.

Summary - Europe's electric vehicle (EV) parc grew 17% between 2014 and 2015, with 70,912 EVs being added to the parc. The number of EVs registered in 2015 across Europe was 13% more than the number registered ...

“Supporting government policies and taxation schemes are expected to fuel the demand for electric vehicles” The electric vehicle plastics market is projected to grow at a CAGR of 27.82%, to reach a ...